Macy's to close 150 stores, or about 30% of its locations - CBS News

By closing 150 stores over the next three years, Macy's expects to book asset sale gains of as much as $350 million, Spring said on the call. Macy's shares rose 5.7% in morning trade to $20.40 ... Read More

Macy's to close 150 stores — 30% of chain — as new CEO takes helm

Macy’s said it will shut down 150 stores — about 30% of its US namesake chain — as the department store giant tightens its focus on luxury under a new chief executive. Read More

Macy's closing stores: Retailer says 150 locations will be shuttered

By 2026, Macy's says it will shut down 150 "underproductive" stores, or roughly 30% of all locations, while prioritizing investments in 350 "go-forward" stores. It says it will close 50 stores by ... Read More

Macy's to close another 150 stores - New York Daily News

Macy’s announced Tuesday it will be closing 150 stores, representing about 30% of the department store’s brick-and-mortar locations. Read More

Macy's to close 150 stores, add more upscale Bloomingdale's and ...

Macy’s to close 150 stores, add more upscale Bloomingdale’s and Bluemercury locations A Macy’s department store is in Bay Shore, Long Island, New York, on Tuesday, Dec. 12, 2023. Read More

Macy's to close 150 stores as sales slip, department store announces - WSBT

NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter ... Read More

Macy’s to close 150 stores, including 50 by year’s end - nj.com

YahooFinance reported Macy’s revenue declined to $23.1 billion in 2023, 5.5% lower compared with 2022.Same-store sales were down 6.9%, as digital and in-store sales dropped 7% and 5%, respectively. Read More

Macy's store closures: Which Macy's are closing - Fox 8 Cleveland WJW

Macy's will close 150 stores, 50 this year it said Tuesday, after posting a fourth quarter loss and declining sales. Macy's is cutting jobs to bring down costs. Macy’s is cutting jobs to bring ... Read More

Macy's will close 66 stores this year. Here is where they are.

Macy's aims to close 150 "underproductive" stores over three years, while investing in the 350 locations it has deemed worth continuing to operate as part of its "Bold New Chapter" strategy ... Read More

Macy's to close 150 stores, or about 30% of its locations - Yahoo Finance

Macy's on Tuesday said it plans to close roughly 150 underperforming stores over the next three years, the struggling retailer's latest effort to energize its business as it seeks to fend off a ... Read More